Nicely written. Imagine how much better boxing would be if it had just one "champion" for each weight class. It's just utterly ridiculous.
We do not know this, and we have no reason to suspect this given the organization's past corrupt nature. The two boxers who will have a match for the WBC 140 title do not deserve it any way, shape, or form. Having Khan beat either of them would not establish him any more so as a or the WBC champion.